Analysts at TD Securities point out that the first thing this morning we get French Q2 GDP and will be a key economic release from Eurozone.
Key Quotes
“We’re a touch above consensus in looking for a 0.4% q/q gain (mkt: 0.3%), and see some risk of a slightly stronger print still.”
“We also get the July HICP estimate for Germany today, where we’re also above consensus here in looking for a print of 1.4% y/y (mkt: 1.2%). Core inflation in Germany has been incredibly volatile over the last few months with unusually large m/m swings, so we’ll be watching the regional inflation prints for further direction.”
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